NEW YORK, Jan 30 (Bernama) — VistaJet, the first and only global business aviation company, today announced another record year in 2018, with new Members and number of flights up prominently year on year. As it enters its 15th year, Malta based VistaJet made significant progress on its core strategic priorities, increasing market share worldwide.
In line with the asset lite macro trend taking off globally, VistaJet saw new contracts of its flagship Program membership grow by 31% in 2018 and the number of flights increased by 25%. As demand for longer flights and comfort continues to increase across the industry, VistaJet’s utilization grew by 20% across its fleet of over 70 aircraft – now equating to enough hours to fly each aircraft around the world 20 times on average.